Star Energy Group (LON:STAR) Hits New 12-Month High – Still a Buy?

Star Energy Group Plc (LON:STAR) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 20 and last traded at GBX 20, with a volume of 261157 shares changing hands. The stock had previously closed at GBX 18.

Star Energy Group Price Performance

The firm’s 50-day moving average is GBX 16.33 and its 200-day moving average is GBX 12.66. The company has a debt-to-equity ratio of 51.35, a current ratio of 1.23 and a quick ratio of 0.38. The company has a market capitalization of £38.53 million, a P/E ratio of -3.58 and a beta of -0.20.

Star Energy Group (LON:STAR) last announced its earnings results on Wednesday, April 29th. The company reported GBX (5.59) earnings per share (EPS) for the quarter. The business had revenue of GBX 3,472 million for the quarter. Star Energy Group had a negative net margin of 21.04% and a negative return on equity of 19.41%. Analysts predict that Star Energy Group Plc will post 4.9295775 EPS for the current fiscal year.

Insider Buying and Selling

In other Star Energy Group news, insider Frances Ward sold 60,475 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of GBX 16, for a total value of £9,676. Also, insider Ross Glover sold 289,541 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of GBX 16, for a total transaction of £46,326.56. Corporate insiders own 32.78% of the company’s stock.

Star Energy Group Company Profile

Star Energy Group plc is a British energy company. Our purpose is to provide for today’s energy, whilst transitioning to low-carbon sources of energy for tomorrow. Our strategy is to create value for shareholders, employees and communities by being a leading operator of oil and gas assets, renowned for operational excellence and strong safety standards, whilst actively developing and building a geothermal business of scale, as we transition to a renewable future.